Sometimes
all you need to do is give someone a good story. This is especially true when you’re dealing
with someone who doesn’t seem to understand the situation. Sadly, this happens a lot in the auto
industry.
When I was
working for a local Ford dealership as an Internet Sales Manager I worked with
all kinds of people. No two days were
ever the same and it was a great experience if you had the desire to work with
people. Sometimes your customers were
amazing and you ended up becoming great personal friends even after the
sale. Other times you wanted to vomit
whenever you heard their name.
One day I
got an internet lead on a guy who wanted to buy a Platinum package F-150. This is a $56,000 truck and usually means one
of two things. You have a kid who’s
dreaming big and you’re in for a nightmare of a deal. Or, you have someone who can afford it and
they know exactly what they want.
Luckily for
me this was the latter of the two. He
turned out to be an Airman stationed at the local Air Base and was about to go
to flight school. He wanted to buy the
truck before he left for training. This
was an easy transaction because we participated in USAA pricing for active
military. (something I helped push
through)
He showed
up and spent 2 hours going over the features of the truck, checking out small
details, and driving it. I could tell
this was the right truck for him and he was excited about it. However, I could see there was something
afoot with this deal that wasn’t evident just yet.
“Ok…I’ll
talk to you later then!” And he walked
away toward his car, out of nowhere.
This is the ultimate nightmare for any car sales person. Your “Up” (prospective customer) is leaving
the property without talking to someone else…which meant you’re going to be
humiliated publicly by your manager. I
finally stopped him in the middle of the drive and asked where he was
going. “Oh its no big deal…I just need
to crunch some numbers and think about it for a day.”
I’ll spare
you the boring details but he ended up leaving after we worked up some
numbers. The entire time he was about as
readable as wet toast. After a while I
gave up and let him go, the guy was just done talking.
After my
day off I walked into the dealership to find my buddy Jason had worked with the
airman yesterday. This happens all the
time and now both of us are on the line to close the deal to get HALF of the
money. Jason was a pretty stand up guy
so I knew he had done everything on the up and up so I didn’t have to worry. “That dude was hard to read! He came in all excited and then just kinda
went limp…what the hell?”
Over the
next two weeks Jason and I effectively “tag teamed” this guy with emails, phone
calls, and yet more visits to the dealership.
Each time the guy just wanted to drool over the truck and learn more
about some bizarre detail that nobody ever cares about. I honestly think he asked if the lug nuts
were right hand thread at one point…but I got so zoned out talking to him its
all a blur.
Finally,
one day Jason and I have the guy in the dealership and he’s starting to show
signs of life. We decided the best way
to handle it was to work the deal together.
After 5 hours of the two of us in a small room with this guy we’re at
the end of the deal. We had stripped out
everything and given up more ground on this truck than we thought was
possible. We had so much time invested
in this guy we weren’t going to let him go this time.
Our boss on
the final pencil had told me, “if he doesn’t take this deal…get his ass out of
here.” He was as done dealing with this
guy as Jason and I were. At this point
Jason and I were looking at a commission of $150 for a truck with an MSRP of
$56,000. Oh yeah…and we had to split the
$150 for the last 3 weeks of work.
“Well this
is it…we’re done dealing. There is
nothing left in this deal. We’re
literally at the take it or leave it stage.”
I said.
“I still
feel like I should get something for free”
He said as I grinded my teeth and tried not to come over the table at
this guy. After even more deliberation
and long drawn out awkward pauses he finally began to sign his name. Jason and I glanced at each other in
astonishment.
He started
to write the vertical part of an “A” in the first part of his name, then
stopped and dropped the pen. “I’m sorry
guys I know $14,000 off the sticker is a hell of a deal but I feel like I need
something for free here. Oil changes or
a gift card or something…” It took
everything I had to not slap this guy at this point.
“Ok…the
dealership is done dealing at this point.
Jason and I are all that’s left holding this deal together. I’ll tell you what…” I pull out my wallet. “I’ll give you $20 from my own pocket if you
shut up and sign your name.” With that I
pulled out a crisp $20 bill and laid it on the table. “You’ll be the only guy you know who has the
story about a car salesman giving you $20 to take a crazy deal like this. But I want you to promise me some referrals
so I can make my $20 back.”
Jason was
sitting on a file cabinet and had a look on his face that I’ll never
forget. To his credit, he didn’t say a
word, which made the gesture even more powerful.
After some
awkward laughter from the guy he signed the paperwork and took the deal. We got everything done and punted him down the
road as quickly as possible. Jason took
the lead while I spewed profanity in the back.
I realized
all this guy wanted was a story. His own
story was pretty bland and other than being a fighter pilot he had
nothing. The truck he bought was his way
of stepping up to the image of a fighter pilot.
He worked the deal not based on financials but on building a story he
could tell the guys in his unit.
Jason and I
talked later and he was shocked I paid the guy.
When he asked me why I did it I told him. “We were already making a split mini so the
money wasn’t a factor. However, I’m
getting close to a $500 volume bonus for the month and this ½ deal could be the
thing that puts me over the top.” Jason
nodded and agreed it was a good call…ballsy…but a good call. “Plus, we’re finally done with that guy and
can spend more time on other customers!”
I ended up
making my volume bonus later that month by…you guessed it…1/2 a car deal. However the bonus I made was the second tier
bonus that paid me a second $500. As for
our customer he left the state and we never heard from him again. The last contact we had with him was on the
Ford Survey they send out on new vehicle purchases. If you can believe it the guy burned us on
the survey because the process took too long.
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